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Turkey Confirms Volume of Azerbaijani Gas Export to Greece in 2007

Oil&Gas Materials 29 March 2007 15:22 (UTC +04:00)

Azerbaijan, Baku / corr. Trend S.Aliyev / In July, Turkey will set up a gas delivery to Greece from the Shah Deniz field of Azerbaijan.

" Turkey will receive gas via the South Caucasus gas pipeline and will then re-export it. This will not be a direct gas sale by Azerbaijan," Natik Aliyev, the Azerbaijani Minister for Energy

By the end of the year Turkey will sell 700 mln cu m of gas to Greece. Greece intend to import 11.5 bln cu m of gas a year via Turkey and further export over 8bln cu m to Italy using the balance to cover its own demand. Greece also plans to carry out transit gas deliveries to Albania and Macedonia.

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